What’s going on? The European Central Bank promised to keep eurozone bond yields from rising. What does that mean? Like the US, the eurozone’s pumped lots of money into the economy to keep things stable throughout the pandemic. Now that a recovery’s near, investors are worried that those money would lead to inflation, forcing the…
Tag: investor
Ep 82: Thai fintech startup Lightnet banks $31.2m in Series A round
What’s going on here? Bangkok-based fintech company Lightnet has nabbed $31.2 million in a Series A funding round to further develop a blockchain financial mobility network. Blockchain financial mobility network: by connecting existing financial systems with its vast network of non-bank agents and fiat-transaction network, improve the efficiency, convenience and affordability of legacy remittance and…
Ep 16: The SEC Has Something to Tell You
What’s going on here? Yesterday, the SEC (Securities and Exchange Commission) okayed a new set of conflict of interest rules for brokers. They’re aimed at making brokers act in their client’s “best interest” instead of their firm’s “best interest”…or anyone else’s. A broker is a person or firm who arranges transactions between a buyer and a seller for a commission…
with HT 